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XAUUSD, Daily Gold breaking above its 200 DMA which looks mor | A1 Trading Setups w/ Nick & Frank

XAUUSD, Daily

Gold breaking above its 200 DMA which looks more like a test than a breakout right now. Gold could be looking a little top-heavy right now, but the overall trend for the past couple months has been to the upside. So, a pullback could be likely in the short term, but then price would probably test resistance at the 200 DMA.

More Analysis:
https://a1trading.com/trade-ideas-for-ac-gold-spx500/